BP Begins Exploration Campaign on the Canadian Shelf
The leading international mining corporation BP is starting an exploration campaign on the Canadian shelf. The company’s plans include geological exploration with potential discoveries worth billions of barrels of oil. The drilling vessel Stena IceMax will drill the Ephesus F-94 well in the Orphan Basin offshore Newfoundland and Labrador. According …
Yamal LNG Produces its Billionth Cubic Meter of Tight Gas from Jurassic Reservoirs
PAO NOVATEK (the “Company”) announced that the Company’s joint venture Yamal LNG has produced its billionth cubic meter of gas from the South-Tambeyskoye gas and condensate field’s Jurassic reservoirs on the Yamal Peninsula since the start of production of Jurassic gas in 2020. The Jurassic program, which is one of …
Gazpromneft-Noyabrskneftegaz Showed Record Results for 2022
In 2022, Gazpromneft-Noyabrskneftegaz achieved record production figures at facilities in the Yamalo-Nenets and Khanty-Mansi Autonomous Okrugs. Alexey Ogorodov, general director of the company, said this in an interview with the Neftegaz.ru portal. “Despite a difficult year, we have achieved results that have not been seen in the last 17 years. …
It is Proposed to Expand the Classification of TRIZs (Unconventional)
Surgutneftegaz believes that the current system does not take into account current economic and geological conditions. The classification of hard-to-recover oil reserves needs to be expanded in legislation. Today, measures of state support for the development of HRDs cover an insignificant part of the “difficult” oil. This is stated in …
Bashneft Has Processed More Than 30% of the Oil Waste of the “Historical Heritage”
Bashneft (part of Rosneft) in 2020-2022 recycled more than 30% of the oil waste of the “historical heritage”. For three years, about 570 thousand tons of oil sludge have been disposed of. Caring for the environment is an integral part of the corporate culture and one of the key principles …
New Oil Deposits Discovered in Libya
Tatneft, together with the National Oil Corporation of Libya (NOC), discovered new oil deposits in the Ghadamis basin with a flow rate of 1,870 barrels per day. This was reported by RIA Novosti with reference to the NOC message. “The Libyan branch of PJSC” TATNEFT “as the second party (operator) …
Cadogan Energy Solutions: Consolidated Report on Payments to Governments
Cadogan Energy Solutions plc presents below its consolidated report on payments to governments for the year ended 31 December 2022, for activities related to exploration, development and extraction of oil and gas resources. The Company has prepared the following consolidated report in accordance with DTR 4.3A of the Financial Conduct …
Russian Domestic System of Standardisation for Oil and Gas is Being Developed
The Institute of Oil and Gas Technological Initiatives (INTI) and Tatneft have developed more than 100 standards in the field of the fuel and energy complex and the procurement procedure. The TATNEFT Technological Development Center and the St. Petersburg Institute began to cooperate in this direction in 2020 and continue …
Rosneft Produced the 10 Millionth Ton of Oil at the Tagulskoye Field
RN-Vankor (part of Rosneft’s oil production complex) has produced 10 million tons of oil at the Tagulskoye field since the start of its operation. Oil production at the Tagulskoye field is provided by 224 wells. Oil treatment is carried out at four mobile oil treatment units. Commercial quality oil is …
PetroNeft Resources: Company Update 11th May 2023
Further to the announcement on 10th May regarding the voluntarily filing for bankruptcy administration in respect of Stimul-T LLC, PetroNeft (AIM: PTR) provides the following operational updates. Licence 67 operations The C-4 well at the Cheremshanskoye field in Licence 67 continues to produce without any material decline at rates of …